Hi Brandon, what you can do with the land depends on where its located.

Is MY investment secured against real estate or is it just a promissory note.

Also, I am located in NYC so lets connect :)

Property is located near a newly built Amazon distribution center in Toledo, OH.

For the most part I'm protected, the borrower is putting the lien against their personal residence and signing a personal guarantee to guarantee security on the deal. 

It might be difficult to succeed in a market as competitive as SLC, but there are tactics you can do to improve your chances of securing lucrative deals:Networking: Developing connections with nearby wholesalers, investors, real estate brokers, and other specialists in the field can yield important information and access to off-market transactions.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Aiming for a niche audience in STRs that matches your location is a good start. 

I need to do some more digging but great to have your contact once I define a location.